They also ensure coordination and completion through the roof inspector, attorneys, lenders, and all other professionals involved with the home purchase. If bargains are needed over the price, you won’t have to negotiate. Your buyer’s agent will do that for you and sign the final closing documents. They will be present whenever there are documents to go through and sign.
DUAL AGENCY: THE BASICS
A “dual agency” relationship occurs when a buyer is represented by a brokerage firm controlling the listing. Once an agent represents the seller and the buyer within the same transaction, the situation is known as “dual agency.” In multiple states, this is illegal because of the conflicts of interest that can arise regarding the broker. All agents are responsible for informing their clients of all potential risks that could arise due to conflicts of interest. Legally, agents are not allowed to work on both sides of any transaction without the clients' consent. If you’re selling your home and don’t want your agent to work with the buyer, it’s your right to say so in the listing agreement. The same is true for buyers. A buyer can opt out of a deal with an agent if they want to purchase a home their agent is listing. Regarding dual agency, there are definite advantages for the seller. Trust has already been gained with your listing agent, so we have established representation for the buyer. Your agent brought you the buyer knowing you’re selling, even if your property has not yet hit the market. Your listing agent will have already covered and researched your
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